XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Goldtradingsetup
XAUUSD: Today’s trading strategy
DXY fell sharply after reaching a one-month high, falling sharply from above the 107.00 mark to around 106.30. This trend of a weakening US dollar caused the price of gold to rebound rapidly from the low point. Spot gold rose sharply from the low of 1969.80 after the Federal Reserve decision. From the announcement of the FOMC decision statement to the end of Powell's speech, gold fell first and then rose, basically recovering its losses, and finally closed. Down 0.08%, rebounding to 1985 so far
Based on the strong rise of gold after being affected by fundamentals, we can see the daily pattern. After this pattern ends, gold will continue to be under pressure. From a 4-hour perspective, the first downward trend has stabilized, initially forming an effective support at 1970, while also holding above the 1953 critical point of strength and weakness. It is expected that the trend of testing will continue today. In the short term, the price will first remain between the upper and lower tracks of the 4-hour Bollinger Band. That is to say, non-agricultural data will be released tomorrow, so be prepared in terms of risk control. It is expected that the price of gold will not fluctuate much before this, and will continue to maintain a pattern of high fluctuations and consolidation. To sum up, gold is in a state of shock after a downward trend. The rise of gold has once again stopped at the 1993 line. Today it continues to fluctuate. The upper side focuses on the short-term short-term resistance of 1993-1995, and the lower side focuses on the vicinity of 1971-1973 for the long term.
SELL:1993~1995
SL:2000
TP1:1988
TP2:1984
BUY:1971~1973
SL:1967
TP1:1978
TP2:1983
XAUUSD:6/11 Today’s Trading StrategyThe price of gold opened at 1991.6 on Monday, and has been trading at the lowest level near 1981 so far, falling by 10 US dollars since the opening. Looking back at the market performance last week, the price of gold maintained a high consolidation posture, failing to remain above US$2,000, and fell by nearly US$10 last week. Some analysts pointed out that the gold price lacks the motivation to exceed US$2,000 in the short term. Recently, the expectation of global economic recovery and the advancement of the U.S. fiscal stimulus plan have increased investors' demand for risky assets, resulting in a weakening of the upward momentum of gold prices. In addition, the rebound in the US dollar index also put pressure on gold prices. However, the current trend of the gold market is still bullish, and both bulls and shorts have the opportunity to gain profits.
According to the observation of the daily cycle, we can see that the previous double top in 2009 did not break. The high point of the left shoulder is 1998. Although the right shoulder has not yet been determined, the current high point is 2003. As long as this point is not broken this week, the right shoulder high may be formed this week, forming a complete head and shoulders top. Therefore, at the beginning of the week, the focus is to see whether 2003 breaks out of position. If it does not break, the daily head and shoulders top will be formed, and there will be a clear technical basis for the market outlook whether it is a unilateral decline or a volatile decline. The daily line below can be seen to be around 1952. Only when 1950 breaks, can we confirm that this wave of gold has turned short. The 4-hour cycle is more obvious. After the non-farm payrolls data surged to 2003 on Friday, the Bollinger Bands did not open, including the closing K-line, which closed within the Bollinger Bands range. Therefore, there is a high probability that it will still fluctuate at a high level at the beginning of the week, with the range set at 2005/1975. At the beginning of the week, you can do high-short, low-long transactions within this range. But if it effectively falls below 1975, the support points of 1962 and 1950 will gradually be seen below. Since gold still maintains a bullish trend for the time being, it is still possible to break through upward. Therefore, as long as the trend does not change in recent transactions, try to focus on short-term trading.
SELL:1990~1992
SL:1997
TP1:1985
TP2:1980
BUY:1977~1979
SL:1972
TP1:1984
TP2:1989
XAUUSD:8/11 Today’s Trading StrategyLooking at the 4-hour chart, the Bollinger Bands are opening downward, and gold has encountered resistance and fallen since last Friday's high of 2004. There is only a single positive line on the K line, which is structurally very weak. Yesterday, the US market closed with a positive line in the 4-hour period. Seen as a correction, a single positive cannot change the trend. In addition, the continuous decline has made the indicator seriously oversold. The stochastic strength indicator RSI has reached the bottom with signs of turning. The short-term rebound correction is also reasonable. The rebound is for fell.
In the short term, gold is currently in a downward trend and has turned from a very weak form to a concussive trend. The price has temporarily formed a double bottom support rebound near 1953. It is expected that there will be a second bottom move after the rebound correction. If the second bottom does not reach a new low, this wave of decline will come to an end. At that time, go long on dips. If it breaks below 1953, it will start a new round of decline. Today, we will continue to pay attention to the support situation in this area. If gold continues to weakly break below the support, then the price below Looking further towards the vicinity of 1940. The top short-term focus is on the resistance near 1975/1978. This is near the low point of the previous high point shock. It is currently running downwards and pay attention to the top-bottom transition. If it continues to strengthen, focus on the vicinity of 1986, which is the golden section of 0.618 where gold fell by 1956 since 2004. But if gold rebounds too strongly, then you need to be careful that the market may fluctuate at a high level. In terms of gold operation ideas, it is recommended to focus on short selling on rebounds.
BUY:1955-1957
SL:1950
TP1:1965
TP2:1970
SELL:1970-1973
SL:1978
TP1:1965
TP2:1960
GOLD ( XAUUSD ) Short Term Selling Trading IdeaHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Discussing My GOLD LOSS from Yesterday | Still SickHey guys a sick Brandon here - so as promised I am here to discuss why I lost that trade and what I think I missed
Interestingly enough I don't think it was something I missed before I took the trade it was after I was already in - most traders forget that ultimately the decision sits with them. You can choose to close your trade at anytime - so long as it doesn't fit your rules and criteria. I chose to ignore what I thought I saw and I paid the price for it.
I am not ashamed of losing nor am I ashamed of talking about a loser so I am doing this to let you know that it is okay to take a hit - in fact it is a part of the industry..growing pains if you will.
But this IDEA serves to show you that you should be open to discuss when you lose because that is the only thing that really allows you to get better and better.
This trade is now in a journal of mine and it will mark a mistake that I don't want to make again.
I also will not be trading for the rest of the day as I still am not feeling too well. I don't want to be trading from a place of agitation - trust me it doesn't help you at all..
But I still think gold is bearish for now as I think the sellers still need a win TEMPORARILY
Have a good one guys :)
Gold SELL SELL SELL !Hello traders it seems like gold finally decided the direction and its a sell ,
the price broke a big support which also played a role as a Neckline for the head and shoulder formed last week.
since the beginning of the month the price failed to create a higher high and broke above the 2000s despite a negative NFP for the dollar.
this indicates the strenght of the sellers and a CHoCH in the trend.
my entry plan for the days ahead is to wait for a retest on the neckline and enter on the yellow area market ahead that area represent a possible retracement zone according to fibbonacci.
am looking for a Sell on the 1975-1980 Area.
trade safe guys!
XAUUSD: 7/11 Today’s Trading StrategyLooking at the 4-hour chart of gold, after yesterday's round of highs and declines, the price of gold has now returned to below 1980. On the 4-hour chart, the MACD signal line crosses downwards, indicating a bearish tendency in the short term. Below, continue to pay attention to the initial support area 1965-1970 mentioned last week. If this area fails, the consolidation pullback will further test the support of prices such as 1950 and 1930. Only if the upper level stabilizes above 2000, may there be a further upward trend towards high levels.
Gold’s 1-hour rebound highs are successively lower. Gold’s 1-hour triple top structure. The rebound is an opportunity for shorts. Today’s gold rebound basically has no strength. Just continue to short. Shorting may be just the beginning, unless gold The big positive line stabilizes and rises, otherwise there is still a lot of room for gold shorts. Today's gold short-term operation ideas suggest that rebounding and shorting are the main focus. The top short-term focus is on the 1980~1982 first-line resistance, and the bottom short-term focus is on the 1963/1953 support.
BUY:1962-1964
SL:1958
TP1:1970
TP2:1976
SELL:1980-1982
SL:1987
TP1:1975
TP2:1970
XAUUSD:31/10 Today’s Trading StrategyYesterday, gold opened at 2004.19 on Monday, with a high of 2006.69 and a low of 1991. DXY also experienced a significant correction in the short term, once touching 106.08.
Technically, gold has confirmed support four times in a row, and the lows have gradually risen, showing the strength of the market. Then gold broke through the channel and hit a new high by accelerating its sprint. This trend indicates that gold may rise further and start a new bull cycle. For the gold market at the beginning of this week, the focus of the market will be whether it can break through the channel range and reach a new high. If gold can maintain its strength and break out of this key position. Yesterday, there was a wave of retracement and correction in the market. This wave of retracement was reflected on the 4-hour chart. The market has slowed down slightly in the short term, but there is still room for growth. The key point is today and tomorrow, which will determine the strength and weakness of the market. Based on past experience, the pullback of a strong market usually does not exceed three trading days. Therefore, the third trading day will be an important node. At the same time, the correction space should not be allowed to be too deep, which will make it easier to resume the rise.
At present, gold is still showing a strong upward trend. Even if there is a correction, it will only be a short-term correction, and the overall trend is still upward. Pay attention to the support level near 1988 during the day. If this position is effectively supported, the target could be set at the $2040-$2050 area, or even higher. Gold's strong trend has not peaked, and any pullback is for better gains. So in terms of short-term gold operation ideas during the day, we still maintain a bullish approach, and we still cautiously participate in short orders.
BUY:1988~1990
SL:1983
TP1:1996
TP2:2002
SELL:2006~2008
SL:2011
TP1:2001
TP2:1995
XAUUSD:1/11 Today’s Trading StrategyIn Asian trading on Wednesday, the price of gold was around 1,984. Previously, the United States released a series of weak economic data, which stimulated investors' demand for the U.S. dollar, causing a slight correction in gold prices after rising slightly on Tuesday. However, despite the certain correction in gold prices, overall, gold is still supported by some positive factors.
The gold market was choppy yesterday. The price opened at 1995.7 in early trading and then fell back to 1990.4. However, after the US market opened, gold prices began to rise and hit the highs of 2008. However, due to the subsequent rise in the U.S. dollar index driven by fundamental factors, the price of gold fell rapidly in late trading, even falling below the early low, with the daily lowest price reaching 1978.6. Finally, the closing price of gold was 1983.8, forming a middle Yin line with a long upper shadow line. Such a trend indicates that there is technical downward pressure. The 4-hour indicator shows that gold is currently in a bullish trend, but it tends to fluctuate in the short term. The 1-hour chart formed a double top, and the price bottomed out during the U.S. trading session, but the upward momentum was insufficient. Therefore, for short-term gold operations, you can first consider converting to a main short operation, and then consider long operations after the correction. Gold rushes higher and retraces, and the operating space moves downward. Today, focus on the resistance of 1990-1993 for short-term short-term positions at the top, and the support of 1972-1975 at the bottom for long-term positions.
SELL:1990~1993
SL:1997
TP1:1886
TP2:1882
BUY:1972~1975
SL:1969
TP1:1979
TP2:1984
waiting for a signal from the FedThe main stock indexes on Wall Street continued to extend their climbing streak, while US 10-year Treasury yields also increased as investors braced for speeches by at least nine officials. Federal Reserve (Fed) officials this week, including Fed Chairman Jerome Powell on November 9.
According to CME FedWatch, traders are discounting a 90% chance that the Fed will leave interest rates unchanged at its December meeting.
GOLD ( XAUUSD ) Short Term Selling Trading IdeaHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
XAUUSD Friday Review
Gold directly broke through the early suppression line of 1993 under the influence of Friday's non-agricultural data, and the price reached around 2004. In Friday's channel, I told everyone that if it breaks through 1993, gold will be bought directly. In fact, the data was released Finally, the time to buy is completely sufficient. The price of gold is artificially high. With the support of multiple news data, it still fell back to around 1992. From a technical perspective, once gold falls around 1970, it will break through the bullish trend. I will bring more analysis next week.
If you want more signals and analysis next week, join me
GOLD NFP CALL OUT - I don't trade news but it's fun to AnalyzeHey guys what's up Brandon here - So I believe in buys for NFP on GOLD but I will not be trading it as I don't think it makes sense to take that risk.
At one point in my tenure as a trader about a year or so ago - Every single NFP I was able to call and get it right and I traded 0\17 NFP events that I got right. It isn't worth it
Quick gains can be just as quickly wiped out - Especially on GOLD.
That being said I do believe that gold is a bull market still and buys are still very much the name of this game. In light of that I think it makes sense however for gold to drive price down a bit before buying further because if it wanted to buy it would have done so already. I think it doesn't have enough energy to make it's move and it is relying on the fact that everyone is attempting to buy it now to inject liquidity so that it can be taken and used for EVIL lol
This is my exact reason for not trading News - What if I am wrong...what if it just sells, what if it just buys? I hate to know that not only I am wrong even though I did my homework but also how easily the spreads can be manipulated at this point. I am sure we all have some horror stories about how you couldn't even close your trade during the news because your broker decided to throw you under the bus.
Godspeed to anyone who is attempting to take a trade today for the NFP event - you may get it today but I think sooner or later the market will get you - it always does and you don't want to get got from the market.
Let me know what you think and do you agree with my approach?
Have a great weekend guys :)
XAUUSD:30/10 Today’s Trading StrategyThe three positive lines of the Golden Week rose strongly. After a long period of consolidation last week, at the end of the day, heavy volume broke through the high point and stood firmly above the 2000 mark. After the daily line continued to consolidate and gain momentum, it closed the positive line again and continued to rise. The daily line is bullish. The weekly positive trend has been strong. The previous retracement low serves as the critical point for bulls this week, and the short-term rise will further continue. The next goal is most likely to challenge the previous high.
The 4-hour chart gathers momentum around the middle track, and then cooperates with the big positive line to pull up and close at a high level. The bulls consolidated strongly to replace the callback. The previous low of 1953 served as the rising low of the second wave. After pushing through the high, it formed the rising trend of the second wave. The high of 1990-1995 was converted into today's support. The high trend will continue at the beginning of the week. It is expected that Asia If the market pulls back slightly, the European market will move higher. The 1-hour chart consolidated and corrected after a wave of positive gains, pulling up and closing at a high level. It is recommended to go long on dips today.
BUY:1994~1996
SL:1989
TP1:2001
TP2:2006
SELL:2016~2018
SL:2021
TP1:2010
TP2:2004
GOLD 4H :Interest Rate hike !!GOLD
New forecast
Interest rate hike scenarios
Everyone has two options: to confirm or raise 25 basis points, but the decisive point is Powell’s speech
🔴Installation and all banks in the world expect installation
It is positive for gold, indices, and currencies if interest is proven, and Powell confirmed the tightening in the future
🔴The raise is 25 basis points, but expectations do not exceed 5%, which is positive for the dollar and negative for gold, oil, indices, and currencies.
Technical abstract :
The price of gold ended yesterday's trading with strong negativity, as it confirmed breaking the support of the ascending channel to begin a downward correction, on its way to testing the 1964 level as a first negative station, keeping in mind that breaking this level will push the price to conduct an additional downward correction, with its next target reaching 1947.
Therefore, a bearish bias will be expected for today, and breaking 1976 will facilitate the price’s task of achieving the proposed targets, while breaking 2000 will stop the current negative pressure and lead the price to try to restore the main upward trend again.
The expect range trading for today it will be between resistance line 2000 and support line 1964 until stabilized .
Additionally ,Today News will affect the market .
support line : 1964 , 1947
resistance line :1984 , 2000
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Important developments of GOLD🔴Gold price assessment
📌Gold rose sharply on Friday as the war situation in the Middle East continued to heat up. Israel expanded its bombing of the Gaza Strip, causing local Internet and phone services in Gaza to be cut off. Gold prices increased to the same level as in 2010, the highest level recorded in the past 5 months.
💢The war has greatly affected the price of gold. Everyone should carefully place SL TP when trading.💢
XAUUSD:26/10 Today’s Trading StrategyGold prices rose rapidly in the short term on Thursday. Although the U.S. 10-year Treasury bond yield climbed 13 basis points to 4.95% on Wednesday and the U.S. dollar index rose 0.24% to 106.79, the gold price seemed unaffected by the recent strength of the U.S. dollar. Hitting a one-week high above 1985. According to the description of gold's K-line chart yesterday, it can be seen that the price of gold closed with a long lower shadow line and was close to a cross star pattern, which indicates that gold has certain support at the low of 1953. Generally speaking, after this pattern appears, the shadow line will often be covered the next day and the bullish move will continue. The gold market showed a volatile long and short trend in yesterday's trading. When the price hit 1962, gold bulls rose rapidly. After the highest point hit 1987, it came under pressure and finally closed at 1979.
At the daily level, a physical small positive line was included, further responding to the previous long lower shadow line rising pattern. The price of gold has broken through the previous high at a high price, which is undoubtedly a manifestation of a bullish pattern. On the 4-hour chart yesterday, the price of gold fluctuated back and forth between the upper and lower Bollinger Bands. It consolidated and transitioned during the Asian and European trading sessions, and showed a trend of rising first and then falling during the US trading session. Despite the tug-of-war between the upper and lower Bollinger Bands, the price still recovered to a higher position at the end of the session. The current opening price is at the upper track of Bollinger Band, and the lows are constantly rising. The 4-hour chart shows that bulls are trading sideways, waiting for further gains. We need to pay attention to the resistance of 1997-2000 at the top; we focus on 1977-1970 at the bottom.
SELL:1995-1997
SL:2002
TP1:1900
TP2:1885
BUY:1977-1979
SL:1972
TP1:1986
TP2:1992
XAUUSD:27/10 Today’s Trading StrategyYesterday, the price of gold rose to an intraday high of 1993.52 during the European trading session, but then fell back, finally closing up 0.26% at 1984.74. From a fundamental perspective, the trend of spot gold prices is affected by multiple factors. On the one hand, global economic instability, geopolitical tensions and uncertainty in financial markets will drive investors to seek safe-haven assets, thereby increasing gold prices. On the other hand, the trend of the US dollar index also has an impact on the price of gold.
Gold bulls once again tested the 1990 pressure level, but were unable to break through further due to the impact of unfavorable GDP data. Although it encountered resistance above 1990, strong support appeared in the 1970 area when it fell back, showing that the power of bulls cannot be underestimated. The market continues to observe pressure conditions around the 2000 mark, but the overall trend remains bullish. The bulls gradually took advantage, the lows continued to rise, and the highs gradually rose, showing a positive trend in market sentiment.
The gold 1-hour level shows obvious bullish rising characteristics, and the K-line continues to run above the moving average. Each correction can be supported by the moving average and rebound quickly, forming an effective trend line support. Gold is still operating according to this law. After stepping back on the moving average support in early trading, you can continue to go long, and secondly, you can continue to go long near 1980. We need to pay attention to the pressure level above, which is the high point of 1997. Once it breaks through, it will start a new band of rise. Then it is recommended that the short-term operation idea of gold during the day is to mainly pull back and go long, and then consider selling at a high level. The resistance at the top focuses on the 1997-2000 line, and if the level breaks, we will continue to look at 2020. The support at the bottom focuses on the 1980-1982 line.
SELL:1997~2000
SL:2003
TP1:1990
TP2:1985
BUY:1980~1982
SL:1975
TP1:1990
TP2:1996
XAUUSD:25/10 Today’s Trading StrategyGold rebounded near the four-hour lower track support yesterday. It once touched the $1977 line during the session, then retreated to $1970, and finally closed with a cross line. From a disk perspective, the daily chart shows a double cross pattern, indicating that the market is repeatedly reaching tops, but the bullish power has not completely subsided. Last night's rebound also confirmed this.
Well, today gold started to rebound after falling to the 1970 line at the opening. The gold price is currently fluctuating near the 1974 line. Judging from the current trend, the upper pressure on the 1982 line is the key resistance level, while the rebound and downward trend line is suppressed on the 1977 line. In addition, the daily closing line for two consecutive trading days showed an inverted hammer positive line shape, and the negative closing line overnight also indicated that the market may be weakening. Gold broke through yesterday and fell. The rebound failed to return above 1980. The market began to fluctuate. The current rebound is close to pressure. In early trading, it relied on the pressure of 1980 to fall! The downward trend in the gold market remains unchanged. 1975 is exactly at the Fibonacci 50% division position on the hourly chart, and is also the suppression point of the upper trend line on the hourly chart.
Looking at the 1-hour level, gold has started to fall from the 1997 position. It has already experienced two downward trends, and the K-line directly fell below the moving average support. Yesterday's rebound failed to return above the moving average, and the moving average is about to form a dead cross! This has never happened before in gold’s rise! This means that the rise in gold is over and the adjustment has begun! Gold's rebound in the U.S. market yesterday was a little bigger. The market first returned to volatility, and it shot up to 2,000 points and fell back. This shows that it is still a bit difficult to win 2,000 points in one fell swoop without special stimulation in the short term. Observing the previous trend, after the first double top pattern appeared, gold corrected downward by $10. After the second double top pattern appeared, gold fell by $20. According to this rule, the third correction should correspond to a decline of $30. If the calculation is based on $1,977, the price of gold may fall further to around $1,947 in the future. In terms of operation ideas, it is recommended to mainly go short on rebounds, and then go long on the position. The top short-term focus is on the 1980-1982 first-line resistance, and the bottom short-term focus is on the 1950-1947 first-line support.
BUY:1959~1961
SL:1954
TP1:1968
TP2:1974
SELL:1977-1980
SL:1985
TP1:1970
TP2:1964
GOLD Continues to SURGE Higher Despite Seller thinking otherwiseWhat's up folks - I am met with an absolutely pleasant surprise here on this trade, lovely way to end the week - and let me say this I am not closing my gold trade here. I honestly at this point see Absolutely NO reason to close my buy because in order to close a buy technically you are selling your position.
If you don't think the market will sell, why would you sell? - I don't think the market would sell so I am not going to close my buy.
I am glad I stood my ground with my bias and so far it is continuing to pay dividends..
To the sellers who thought GOLD would sell this week...not saying that you were wrong but I think you didn't observe all of the facts.
I think majority of the analysis that I saw that the sell argument were only surface level.
But it is what it is
Have a great weekend guys!
XAUUSD: 24/10 Today’s Trading StrategyThe U.S. dollar index fell rapidly on Tuesday, approaching the 105.40 mark, while the gold price exceeded 1980. Gold has recently experienced a period of consolidation after rising, but short-term price pressure cannot be ignored. Previously, gold prices stagnated near the psychological mark of $2,000, but with the U.S. dollar index falling, will gold show strong momentum again?
Gold fell slightly yesterday to correct last Friday's gains. At present, gold is in a sideways consolidation stage, the rate of rise has slowed down slightly, and the US dollar is also slightly weak, so gold temporarily lacks the motivation to rise further. In the short term, gold is gathering strength. The daily chart shows that it has entered the correction phase of the second trading day. Today and tomorrow are critical times. Usually in a strong market, the current space begins to converge. In addition, there was no further rise yesterday. In the short term today, it may be Continue to make corrections. The disk shows certain resistance to falling, with the central axis support located near 1965. The short-term trend within the day is likely to rise within the range of 1965. Since it has not been able to stabilize above 1980, the bullish power seems to be a little weak, so we need to be wary that this rise may stop at the key position of 2000. After all, the unilateral rise in technology has led to overbought conditions, and there is a demand for a correction in the market. However, as long as the situation in the Middle East remains unstable, demand for gold as a safe-haven asset will remain strong. It is unrealistic for short sellers to reverse the strong trend and fall sharply. Therefore, in terms of intraday operations, it is recommended to consider placing long orders during the retracement. The following still focuses on the support level of 1964-1950, focusing on whether the 1970 mark can be held. If it falls below this support level, it may test the support level near 1960, while the upper resistance level is near 1982, which may be broken through within the day. Therefore, above, we will first pay attention to whether 1990 can form an effective suppression, and then look at 2000. If the 1H line stands firm at 1990, then short selling is not recommended.
SELL:1991-1993
SL:1998
TP1:1985
TP2:1980
BUY:1970-1972
SL:1964
TP1:1979
TP2:1984